Dec 5, 2012 3:00pm PST
as supporters and opponents of president mohammed morsi faced off in cairo. the two sides threw rocks, sticks and firebombs as night fell outside the presidential palace. at least 126 people were hurt. and there were reports that masked men set fire to morsi's political party headquarters. protests erupted last week after the president assumed sweeping powers and a committee dominated by islamists rushed through a new constitution. the nation's busiest port complex is back in business after an eight-day strike halted operations. the ports of los angeles and long beach, california reopened today after port operators and the worker's union reached an agreement late tuesday. the union said it won new protections against job outsourcing. port officials said during the walkout, they were unable to move some $760 million worth of cargo a day. wall street had a day of ups and downs and investors watched economic reports and weighed chances for a fiscal cliff deal in washington. the dow jones industrial average gained more than 82 points to close at 13,034. but the nasdaq fell nearly 23 points to clo
Dec 6, 2012 1:40am PST
. >>> and now, the growing unrest in egypt this morning. in clashes between supporters of president morsi and those who oppose him. opponents vow that more protests will take place. and unless the constitution drafted by morsi's islamist allies is rescinded. morsi is expected to speak to the nation today. >>> here at home now just 26 days to go for president obama and congressional republicans to reach a deal avoiding the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don'